Form 4: Berry Corp Director James M. Trimble Reports Stock Transactions
SEC Form 4 Filing
Director James M. Trimble reports acquisition and disposal of Berry Corp (BRY) stock and restricted stock units.
Summary
- On March 1, 2025, James M. Trimble, a director of Berry Corp (BRY), reported transactions involving the company's stock.
- Trimble acquired 21,008 shares of common stock through the vesting of restricted stock units.
- Trimble also reported the grant of 22,659 restricted stock units on February 28, 2025, which will vest on March 1, 2026, subject to continued employment.
- Following these transactions, Trimble directly owns 22,659 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company director, indicating a neutral sentiment.
Future Outlook
The reporting person will receive shares of common stock in the future if they continue to be employed by the company until the vesting date of the restricted stock units.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Grant of 22,659 restricted stock units. |
| 03/01/2025 | Acquisition of 21,008 shares of common stock through vesting of restricted stock units. |
| 03/01/2025 | Vesting of 21,008 restricted stock units from 2024. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
| 03/01/2026 | Vesting date for 22,659 restricted stock units granted on February 28, 2025. |
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